ARAB TIMES – KUWAIT NEWS THE FIRST ENGLISH LANGUAGE DAILY IN FREE KUWAIT الكويت
KUWAIT CITY, March 2: Kuwait stocks sagged on Tuesday, partly reversing last session’s modest gains. The All Shares Index fell 8.22 pts in a volatile …
Read More »Kuwait’s stock market ends in red turf after volatile session
Business
Kuwait Bourse earns KD 28mn in 2020
Board proposes cash dividend of 40 fils per share KUWAIT CITY, March 1, (KUNA): Kuwait Bourse, on Monday, announced a net profit of KD 28 …
Read More »‘Kuwait has an active role in supporting joint Arab action’
KUWAIT, March 1, (KUNA): Secretary-General of Organization of Arab Petroleum Exporting Countries (OAPEC) Ali Bin Sabt praised Kuwait’s active role and important position in supporting …
Read More »Don’t tamper with our future generation funds … it’s taboo
‘There are no easy solutions at hand’ ALL members of the Kuwait Parliament rejected our government proposal to pull out KD five billion annually from …
Read More »Kuwait Insurance Co announces net profit of KD 10.5mn for 2020
Board proposes cash dividend of 30 fils per share KUWAIT CITY, Feb 28: Kuwait Insurance Company announced Net Profit for the year 2020 amounting to …
Read More »Preparations underway to open 2 new bridges on Nuwaiseeb Road
Total cost of project KD 169,500 mln KUWAIT CITY, Feb 27: Informed sources at the Public Authority for Roads and Transportation (PART) announced the authority …
Read More »Banks successfully pass stress tests: CBK
Lenders continue to be profitable despite challenges: Governor KUWAIT CITY, Feb 24: The Central Bank of Kuwait (CBK) announced that it conducted a comprehensive review …
Read More »Zain Group reports revenue of $5.3bn and net profit of $605 million for 2020
Board recommends cash dividend of 33 fils per share KUWAIT CITY, Feb 23: Zain Group, a leading mobile telecom innovator in seven markets across the …
Read More »AUB posts net profit of $452.2m for 2020
Board proposes cash dividend of $1.25 per share KUWAIT CITY, Feb 22: Ahli United Bank B.S.C. (AUB) reported a net profit attributable to its equity …
Read More »Banks profits decline by 53.3%
KUWAIT CITY, Feb 22: The profits of ten local banks decreased during 2020 by KD 523.4 million, which is by about 53.3 percent, to reach …
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